Mortgage Industry Losses Due to Phishing Scams/Other Cyberattacks: Who’s Left Holding the Bag? Will Your Insurance Coverage Bail You Out?

Cybercriminals have ramped up their attacks on the mortgage and real estate industries, taking advantage of the multiple entry points available in every transaction, the lack of coordinated security efforts among the parties, and the abundance of personal and financial information that awaits them after a successful breach.

Chris Sabbe of PHH Mortgage on the Subservicing Industry

Chris Sabbe is Senior Vice President of Enterprise Sales for PHH Mortgage. A recognized leader in the subservicing industry, he is responsible for managing and growing the company’s enterprise sales and actively onboarding new MSR/Co-Issue sellers.

Mortgage Industry Losses Due to Phishing Scams/Other Cyberattacks: Who’s Left Holding the Bag? Will Your Insurance Coverage Bail You Out?

Cybercriminals have ramped up their attacks on the mortgage and real estate industries, taking advantage of the multiple entry points available in every transaction, the lack of coordinated security efforts among the parties, and the abundance of personal and financial information that awaits them after a successful breach.

Steve Ferringer of INCENTER LLC on Home Equity Lending

teve Ferringer is Executive Vice President of Enterprise Business Development with INCENTER LLC, Fort Washington, Pa. Incenter helps mortgage bankers optimize processes and improve performance.